Berkshire Hathaway Net Worth at a Glance
- Market cap (May 2026): approximately $1.02 trillion (Class A); $1.03 trillion (Class B)
- Cash and short-term Treasury holdings (Q1 2026): $380 billion — primarily T-bills
- Q1 2026 operating earnings: +18% year on year
- Listings: BRK.A and BRK.B on NYSE
- CEO since 1 January 2026: Greg Abel (born June 1962, Edmonton, Alberta)
- Warren Buffett: remains Chairman of the Board, age 95
- Net stock sales: fourteenth consecutive quarter of net selling from equity portfolio
How Berkshire Hathaway Built Its Fortune
Berkshire Hathaway's story begins with Warren Buffett acquiring a struggling textile mill in 1965 and transforming it into the world's most successful holding company. The succession was carefully telegraphed for years: Greg Abel was named Vice Chairman of Non-Insurance Operations in 2018 and identified as Buffett's chosen successor in 2021. Abel formally took over as CEO on 1 January 2026, becoming only the second person to run Berkshire in its modern incarnation. On 3 May 2026 at the CHI Health Center in Omaha, shareholders gathered for the first annual meeting without Buffett at the top of the masthead. Abel ruled out any break-up of the conglomerate with a flat “absolutely not” when asked directly, and disclosed an additional $234 million added to a single favourite portfolio position during Q1 2026. Buffett, now 95, remains as Chairman — his personal net worth, almost entirely Berkshire stock, sits well above $100 billion with the bulk pledged to philanthropy through the Buffett family foundations and the Bill and Melinda Gates Foundation.
Revenue and Income Sources in 2026
Berkshire's revenue flows from two distinct channels. The operating businesses — insurance, railroads, utilities and consumer brands — generate the operating earnings that Abel focuses on: Q1 2026 saw an 18 per cent year-on-year increase, continuing the compounding story that has defined the company for decades. The $380 billion cash pile, invested largely in short-term US Treasury bills, contributes meaningfully to operating earnings through T-bill yields even while awaiting deployment. The equity portfolio — holdings in Apple, American Express, Bank of America, Coca-Cola, Chevron and Occidental Petroleum — generates dividends and realised gains. Together, these streams give Berkshire one of the most diversified income profiles of any company in the world.
Assets and Investments
Berkshire's asset base is built around four pillars. First, the insurance float from GEICO, General Re and Berkshire Hathaway Reinsurance — a low-cost capital source that Buffett used for six decades to fund equity purchases. Second, wholly owned operating businesses including BNSF Railway (the second-largest US freight railroad), Berkshire Hathaway Energy (electric utilities with wind and solar), See's Candies, Dairy Queen, Duracell, Fruit of the Loom, Pilot Travel Centers and Precision Castparts. Third, the marketable equity portfolio with large positions in Apple, American Express, Bank of America, Coca-Cola, Chevron and Occidental Petroleum. Fourth, the $380 billion cash and short-term Treasury holdings — the single largest cash pile held by any non-financial corporation in history and roughly equal to the entire Indian foreign exchange reserves. Berkshire ended Q1 2026 with this balance after fourteen consecutive quarters of net stock selling, a deliberate and patient accumulation that signals the company is waiting for a large acquisition target at the right price.
Business Segments
Berkshire Hathaway's Key Business Segments
- Insurance: GEICO (auto, 35M+ policyholders), General Re, Berkshire Hathaway Reinsurance — led by Ajit Jain
- Railroad: BNSF Railway — second-largest US freight railroad by revenue
- Utilities & Energy: Berkshire Hathaway Energy — electric utilities, wind, solar and natural gas pipelines
- Consumer Brands: See's Candies, Dairy Queen, Duracell, Fruit of the Loom, Pampered Chef
- Industrial: Precision Castparts (aerospace components), Lubrizol
- Retail & Services: Pilot Travel Centers (truck stop network), McLane Company (grocery/foodservice distribution)
- Equity Portfolio: Apple, American Express, Bank of America, Coca-Cola, Chevron, Occidental Petroleum
Recent Financial Highlights (2025–2026)
- Market capitalisation crossed $1 trillion milestone in 2024 and stands at approximately $1.02–1.03 trillion as of May 2026
- Q1 2026 operating earnings rose 18 per cent year on year — fourth consecutive quarter of double-digit operating earnings growth
- Cash pile reached $380 billion at end of Q1 2026 — the highest absolute level in company history
- Fourteen consecutive quarters of net stock sales from the equity portfolio, with $8 billion net sold in Q1 2026 alone
- Greg Abel added $234 million to a single undisclosed portfolio position in Q1 2026
- Full-year 2025 return: +10.9 per cent — tenth consecutive year of positive annual returns
- Market cap growth from $84 billion (December 1998) to $1.02 trillion (May 2026): a 1,114 per cent gain
- Buffett-era cumulative return (1965–2025): approximately 6.1 million per cent versus 46,000 per cent for the S&P 500
Where Does Berkshire Hathaway Rank Among Global Companies?
Berkshire Hathaway ranks as the twelfth most valuable publicly listed company in the world as of May 2026, ahead of every Indian company by a wide margin and ahead of Wall Street icons like JPMorgan and Bank of America by market capitalisation. It is the only non-technology conglomerate in the global top fifteen. In the United States, it is the highest-valued holding company and the largest insurer by premium revenue. By cash holdings alone — $380 billion — Berkshire would rank as one of the largest financial institutions in the world. The company's BRK.A shares trade at the highest absolute share price of any listed equity in the world, a deliberate policy Buffett maintained to attract long-term shareholders rather than short-term traders.
Net Worth in Indian Rupees: What $1.02 Trillion Looks Like
At an approximate exchange rate of ₹84 per US dollar, Berkshire Hathaway's $1.02 trillion market capitalisation translates to roughly ₹85.68 lakh crore (₹85,68,000 crore). The $380 billion cash pile alone converts to approximately ₹31.92 lakh crore — more than double India's annual Union Budget expenditure. Buffett's own net worth of over $100 billion converts to more than ₹8.4 lakh crore, making him one of the wealthiest individuals in the world in rupee terms. For context, this single company's cash reserves are nearly five times the market capitalisation of Reliance Industries, India's most valuable company. These numbers illustrate why patient capital accumulation, even at a household scale, compounds into extraordinary wealth over decades.
What This Means for Tracking Your Own Wealth
The single most replicable idea in the Berkshire story is not Buffett's deal-making genius — it is the patience. A $380 billion cash pile says, openly, that Berkshire would rather hold short-term Treasury bills than deploy capital into something it does not understand or finds overpriced. That discipline is exactly what most household balance sheets struggle with. The temptation, especially in a buoyant equity market, is to put every spare rupee to work immediately. The Berkshire example argues for the opposite: a clear sense of what good value looks like, and the patience to wait until it appears. WorthScale's free net worth calculator lets people in India track every asset — including the patient cash and emergency reserve that often gets discounted — alongside equities, mutual funds, real estate and EPF balances. The WorthScale dashboard stores the trend over quarters and years, so your household balance sheet can be reviewed with the same long-term perspective that Berkshire applies to its own capital.
Frequently Asked Questions
Berkshire Hathaway has a market capitalisation of approximately $1.02 trillion (Class A) and $1.03 trillion (Class B) as of 1 May 2026. The company ended Q1 2026 with $380 billion in cash and short-term Treasury holdings. Operating earnings grew 18 per cent year on year in Q1 2026.
Greg Abel has served as Chief Executive Officer of Berkshire Hathaway since 1 January 2026. He took over from Warren Buffett, who stepped down as CEO on 31 December 2025 after six decades in the role. Buffett continues as Chairman of the Board at age 95.
Warren Buffett stepped down as CEO of Berkshire Hathaway on 31 December 2025 at age 95. The succession to Greg Abel had been telegraphed for years and was formally identified in 2021. Buffett remains in place as Chairman of the Board and was present at the May 2026 annual meeting in Omaha.
Berkshire ended Q1 2026 with $380 billion in cash and short-term Treasury holdings, the result of fourteen consecutive quarters of net stock sales from the equity portfolio. The cash pile is invested largely in short-term US Treasury bills and contributes to operating earnings while the company waits for sufficiently attractive deployment opportunities.
Berkshire Hathaway wholly owns BNSF Railway, GEICO, General Re, Berkshire Hathaway Energy, See's Candies, Dairy Queen, Duracell, Fruit of the Loom, Pilot Travel Centers and Precision Castparts. Major equity portfolio positions include Apple, American Express, Bank of America, Coca-Cola, Chevron and Occidental Petroleum.
Berkshire Hathaway Class A shares have delivered approximately 6.1 million per cent in cumulative returns over six decades, against roughly 46,000 per cent for the S&P 500 over the same period. The company's market capitalisation grew from $84 billion at the end of December 1998 to $1.02 trillion in May 2026, a 1,114 per cent gain.
Greg Abel, born June 1962 in Edmonton, Alberta, is the Chief Executive Officer of Berkshire Hathaway since 1 January 2026. He was previously Vice Chairman of Non-Insurance Operations from 2018 onward and was identified as Warren Buffett's chosen successor in 2021. He ruled out any break-up of Berkshire at his first annual meeting as CEO in May 2026.